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Virtus Diversified Income & Convertible Fund V.ACV.P


Primary Symbol: ACV

Virtus Diversified Income & Convertible Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of convertible securities, income-producing equity securities and income-producing debt and other instruments of varying maturities, of which at least 50% of total managed assets are invested in convertibles. The Fund has the latitude to write covered call options on the stocks held in the equity portion. The Fund's investment advisor is Virtus Investment Advisers, Inc., and its investment subadvisor is Voya Investment Management Co. LLC.


NYSE:ACV - Post by User

Virtus Diversified Income & Convertible Fund
Bullboard Posts
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(1)
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Post by Xtrykr0on Aug 31, 2018 3:25pm
92 Views
Post# 28550594

What a dump...

What a dump...Looks like someone wants out big time. Volume picking up but on the wrong side of the trade.

Noticed consistent insider trading, with Matt and Greg buying shares on the open market during this downturn. Hoping they are in the know and have a game plan, and not just clinging on with stubbornness and belief.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities